
“Dot-com pioneers and fresh-faced 20-somethings alike are founding companies to help transact the virtual currency. Are those chasing Bitcoin headed for a gold rush, or fool’s gold? Nick Holland, a Javelin Strategy analyst in Boston, is among those who believe math-based currencies like Bitcoin, which enable transactions from one user to another without official oversight or high fees, could upset the centuries-old tradition of paper money — much as user-generated Wikipedia all but replaced the venerable Encyclopaedia Britannica.”
http://www.mercurynews.com/business/ci_23726452/bitcoin-gets-big-bets-from-silicon-valley
Related posts:
BitCoin Is Gold 2.0: Venture Capitalist
Hong Kong entrepreneurs could win a slice of the bitcoin pie
Little Rock airport to be renamed for Bill and Hillary Clinton
Virginia State Trooper inattentively plows into skateboarder, beats hasty exit
Jim Rogers: Gold Mining Stocks Face Two Major Headwinds
Scaffolding stops sun's rays reflected off skyscraper from starting fires
Stockholm’s unrest stoked by unemployment
NSA routinely spied on phone records unrelated to terrorism cases
Bitcoin Seen as Safe Haven in Brazil Boosts Online Trade
Visa CEO Charlie Scharf: Moving at the speed of money
House leaders defend voting against bill to rein in NSA spying
Austin Bitcoin mining company hits 1,000 unit sales milestone
Death Of The S Corp As A Tax Election?
Iraq war killed 120,000 and cost $800 billion, study estimates
Poland bans genetically modified maize and potatoes